Should I Stay Or Should I Grow?

Should I Stay Or Should I Grow?

Currently ‘forward guidance’  has been given that, providing unemployment remains above 7%, interest rates will not go above the four year static 0.5%, which theoretically could mean interest rates staying at 0.5% for yet another couple of years, which has been a ‘norm’ for the past few years. Although low rates haven’t proven to assist [...]
Banks: Top-Down

Banks: Top-Down

The Governor of The Bank of England recently said, of the banking industry, “The cultural issue is fundamentally important. There has to be a change in the culture of these institutions". Generally little-understood, retail banking institutions, with business-principled kernels, have sometimes amused the public with their comforting marketing campaign strategies that carry messages of a [...]
Sink Or Swim?

Sink Or Swim?

Mark Carney, the new Governor of the Bank of England, has announced there will be no rise in the Bank of England's base rate until unemployment is below 7 %;  part of an intermediate target in his ‘forward guidance’ and translated as, we’re unlikely to see a rate rise for about 36 months... or more.... [...]
Another Marmite Moment For A Roller Coaster Bank?

Another Marmite Moment For A Roller Coaster Bank?

The sun had hardly set on an announcement that RBS, the bank with kinetic pull from politicians,  could see itself and Lloyds Banking Group going out to ‘public’  ownership when RBS’s CEO, with a mixed public image, built around a £45Bn public bailout to turn around a failing bank   and  added  contentious bonuses, ( Stephen [...]
Does Red Mean Stop Or Go?

Does Red Mean Stop Or Go?

Probably, down at No.11 after some gradual stretching exercises and a crack of the knuckles, Mr O’s  spring in his step bounce downstairs turned to frantic running around; throwing things out of the cupboard under the stairs, and shouting "who's moved the red bag again?" ......Because, as we’ve heard from pre-budget snippets, it’s a visit to [...]